A trader purchased a gift box for Rs. 150. What should be the marked…

Question

A trader purchased a gift box for Rs. 150. What should be the marked price on the gift box so that after allowing a discount of 10% , he makes a profit of 10% ?

Accepted Answer

Option B. Rs. 183.30. Answer & Solution Answer: Option B Solution: & Cost\, price\, of\, gift\, = Rs .\,150 & Profit\% = 10\% & SP = 150 + ( 10100 + 150 ) & \,\,\,\,\,\,\,\,\,\, = 150 + 15 & \,\,\,\,\,\,\,\,\,\, = Rs .\,165 & Discount\% = 10\% & MP = 165 ( 100 - 10 ) × 100 & \,\,\,\,\,\,\,\,\,\,\,\,…